Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and an astounding $1 million by 2033. “We believe bitcoin is in a new bull cycle,” they said. Bullish Bitcoin Price Prediction Bernstein analysts Gautam Chhugani and Mahika Sapra shared their bitcoin price […] Source: https://news.bitcoin.com/analysts-predict-btc-hitting-200000-next-year-and-1-million-by-2033-we-believe-bitcoin-is-in-a-new-bull-cycle/
The Australian Securities Exchange has approved the VanEck Bitcoin ETF to start trading on June 20. Source: https://cointelegraph.com/news/australia-securities-exchange-asx-vaneck-spot-bitcoin-exchange-traded-fund
The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors for retail CBDCs, including holding limits and offline functionality. 94% of Surveyed Central Banks […] Source: https://news.bitcoin.com/bis-survey-94-of-central-banks-exploring-digital-currency/
The founder reassured the Curve community that he was “committed to building Curve more than ever,” following a hack attempt. Source: https://cointelegraph.com/news/curve-finance-michael-egorov-bad-debt-llamma
Stand With Crypto UK has published a manifesto outlining steps for the UK to establish itself as a global leader in fintech, digital assets, and tokenization. “We believe the next government should take meaningful steps to position the UK as a global hub of digital assets, tokenization and fintech,” said Coinbase. Stand With Crypto Publishes […] Source: https://news.bitcoin.com/stand-with-crypto-publishes-manifesto-to-make-uk-a-leader-in-digital-assets/
The Bank for Private Investment will “diversify the financing options” available to investors in both Dollars and Bitcoin. Source: https://cointelegraph.com/news/bitcoin-banking-el-salvador-bank-for-private-investment-nayib-bukele
Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the “digital gold” narrative limits bitcoin’s reach as an investment asset. Horsely stated that, while the “digital gold” representation has been helpful for bitcoin, it has many qualities that put it over gold and it is time to “graduate” […] Source: https://news.bitcoin.com/bitwise-ceo-bitcoin-should-move-on-from-digital-gold-narrative-as-it-reaches-mainstream-adoption/
Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national currency, the colon. However, he said that it would be too costly. For Ulloa, bitcoin presents an opportunity to liberate the country from central banks and fiat currency. El Salvador’s Vice-President Felix Ulloa: Bitcoin Offers […] Source: https://news.bitcoin.com/el-salvador-bitcoin-liberalize-fiat-currencies/
The new NiceHash firmware will combine the advantages of two products. Source: https://cointelegraph.com/news/nicehash-marathon-digital-bitcoin-mining-firmware
Nigerian authorities dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the cryptocurrency exchange appointed a local representative to represent it in ongoing court cases. Following the decision, Binance stated that it awaits the court’s complete discharge of the executives from the cases. Binance Appoints Local Representative On June 14, […] Source: https://news.bitcoin.com/nigeria-drops-tax-evasion-charges-against-binance-executives/
